TEQI vs. RNDV ETF Comparison

Comparison of T. Rowe Price Equity Income ETF (TEQI) to First Trust US Equity Dividend Select ETF (RNDV)

TEQI

T. Rowe Price Equity Income ETF

TEQI Description

The investment seeks a high level of dividend income and long-term capital growth. The fund will normally invest at least 80% of its assets in common stocks listed in the United States, with an emphasis on large-capitalization stocks that have a strong track record of paying dividends or that are believed to be undervalued (or futures that have similar economic characteristics). It typically employs a value approach in selecting investments. The fund's in-house research team seeks companies that appear to be undervalued by various measures and may be temporarily out of favor but have good prospects for capital appreciation and dividend growth.

Grade (RS Rating)

Last Trade

$43.23

Average Daily Volume

26,680

Number of Holdings ^*

112

* may have additional holdings in another (foreign) market

RNDV

First Trust US Equity Dividend Select ETF

RNDV Description

The US Equity Dividend Select ETF (the "Fund") seeks investment results that correspond generally to the price and yield (before the Fund's fees and expenses) of an equity index called the Nasdaq Riskalyze US Equity Dividend Select Index (the "Index"). The Fund will normally invest at least 90% of its net assets (including investment borrowings) in common stocks that comprise the Index. The Fund, using an indexing investment approach, attempts to replicate, before fees and expenses, the performance of the Index. The Fund's investment advisor seeks a correlation of 0.95 or better (before fees and expenses) between the Fund's performance and the performance of the Index; a figure of 1.00 would represent perfect correlation. The Index is owned and is developed, maintained and sponsored by Riskalyze, Inc. (the "Index Provider").

Grade (RS Rating)

Last Trade

$34.72

Average Daily Volume

7,095

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	TEQI	RNDV
30 Days	3.09%	0.09%
60 Days	4.07%	2.01%
90 Days	5.51%	4.31%
12 Months	27.01%	25.40%

33 Overlapping Holdings

Symbol	Grade	Weight in TEQI	Weight in RNDV	Overlap
ABBV	D	0.27%	1.02%	0.27%
ACN	C	0.8%	2.01%	0.8%
BDX	F	1.72%	0.55%	0.55%
BMY	B	0.59%	1.85%	0.59%
CAG	D	0.87%	0.8%	0.8%
CAH	B	0.15%	0.73%	0.15%
CF	B	1.72%	0.35%	0.35%
CI	F	1.13%	0.61%	0.61%
CMCSA	B	0.62%	1.71%	0.62%
CMI	A	0.63%	0.6%	0.6%
CVS	D	1.09%	1.57%	1.09%
CVX	A	0.18%	0.85%	0.18%
EOG	A	0.58%	0.58%	0.58%
HD	A	0.12%	1.02%	0.12%
JNJ	D	1.17%	1.08%	1.08%
KMB	D	1.63%	0.7%	0.7%
KVUE	A	1.68%	0.75%	0.75%
LHX	C	1.81%	0.48%	0.48%
MDT	D	0.98%	1.11%	0.98%
MET	A	2.06%	0.85%	0.85%
MRK	F	0.34%	0.92%	0.34%
MSFT	F	1.48%	0.94%	0.94%
NSC	B	0.57%	0.55%	0.55%
PM	B	1.75%	0.91%	0.91%
QCOM	F	1.96%	2.43%	1.96%
SWK	D	1.62%	0.62%	0.62%
TSN	B	0.83%	0.74%	0.74%
TXN	C	0.97%	3.28%	0.97%
UNH	C	1.57%	0.56%	0.56%
UNP	C	0.19%	0.54%	0.19%
UPS	C	1.03%	1.15%	1.03%
VZ	C	0.35%	3.4%	0.35%
XOM	B	1.61%	0.58%	0.58%

TEQI Overweight 79 Positions Relative to RNDV

Symbol	Grade	Weight
ELV	F	2.3%
SO	D	2.29%
CB	C	2.08%
GE	D	2.05%
WFC	A	2.02%
TTE	F	1.99%
AIG	B	1.85%
NWSA	B	1.57%
WY	D	1.54%
SCHW	B	1.49%
EQR	B	1.49%
ZBH	C	1.47%
IP	B	1.47%
HIG	B	1.43%
JPM	A	1.41%
EQH	B	1.39%
C	A	1.34%
WMT	A	1.23%
HBAN	A	1.22%
D	C	1.17%
AMAT	F	1.13%
FI	A	1.13%
LVS	C	1.12%
AEE	A	1.04%
DIS	B	1.03%
L	A	1.01%
USB	A	0.99%
BA	F	0.92%
FITB	A	0.92%
NEE	D	0.9%
AZN	D	0.88%
NXPI	D	0.87%
LUV	C	0.84%
SNY	F	0.83%
SRE	A	0.77%
RYN	D	0.76%
CL	D	0.75%
VTRS	A	0.7%
EQT	B	0.61%
GEV	B	0.59%
BAC	A	0.58%
WMB	A	0.56%
REXR	F	0.54%
PFE	D	0.48%
MAT	D	0.48%
CSX	B	0.46%
GM	B	0.41%
MRO	B	0.4%
TMO	F	0.37%
COP	C	0.35%
TJX	A	0.34%
MMM	D	0.34%
INTC	D	0.34%
KSS	F	0.33%
HON	B	0.33%
MS	A	0.33%
SRCL	C	0.32%
BKR	B	0.31%
DG	F	0.3%
GEHC	F	0.29%
APO	B	0.28%
CSCO	B	0.28%
BIIB	F	0.27%
NI	A	0.25%
HES	B	0.23%
CRM	B	0.22%
SLB	C	0.18%
CNC	D	0.17%
PCG	A	0.16%
HUM	C	0.16%
AMD	F	0.15%
ROK	B	0.15%
BK	A	0.15%
T	A	0.14%
ATO	A	0.1%
MDLZ	F	0.1%
NWS	B	0.08%
VNO	B	0.07%
GS	A	0.04%

TEQI Underweight 62 Positions Relative to RNDV

Symbol	Grade	Weight
HPQ	B	-3.91%
IBM	C	-3.57%
HPE	B	-3.47%
GLW	B	-3.05%
MCHP	D	-2.41%
BEN	C	-2.16%
IPG	D	-2.14%
ADI	D	-1.81%
HAS	D	-1.63%
TROW	B	-1.57%
BBY	D	-1.55%
OMC	C	-1.48%
PRU	A	-1.43%
GPC	D	-1.42%
APH	A	-1.26%
NTRS	A	-1.15%
MTB	A	-1.09%
PFG	D	-1.05%
MCD	D	-1.01%
GRMN	B	-0.99%
OKE	A	-0.9%
KLAC	D	-0.86%
CINF	A	-0.85%
LOW	D	-0.77%
BLK	C	-0.75%
DGX	A	-0.74%
NKE	D	-0.72%
PAYX	C	-0.72%
ABT	B	-0.72%
HRL	D	-0.69%
SNA	A	-0.69%
CTRA	B	-0.68%
CME	A	-0.67%
EG	C	-0.64%
GIS	D	-0.61%
TRV	B	-0.6%
ITW	B	-0.59%
K	A	-0.58%
FAST	B	-0.58%
AMCR	D	-0.58%
AFL	B	-0.58%
CHRW	C	-0.57%
EMR	A	-0.56%
POOL	C	-0.55%
ADP	B	-0.51%
LMT	D	-0.5%
EVRG	A	-0.48%
O	D	-0.48%
LEN	D	-0.46%
PNW	B	-0.45%
FMC	D	-0.45%
ES	D	-0.43%
ETR	B	-0.41%
MAA	B	-0.4%
FRT	B	-0.4%
EMN	D	-0.4%
EIX	B	-0.39%
AEP	D	-0.37%
ESS	B	-0.36%
DLR	B	-0.36%
APD	A	-0.35%
AVB	B	-0.32%